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Japanese Utilities LNG Stocks Increased 3.3% Last Week

LNG

LNG stockpiles held by major Japanese power utilities increased by 3.32% to 2.49 million tons on Nov 19 according to trade ministry data to extend the gains seen since September.

  • Inventories have risen to the highest level since May and up from 1.64m tons in September and 2.41m tons last week on Nov 12.
  • Stockpiles are above the five-year average of 2.12mn tons for the end of November but down from 2.55mn tons during the same period last year.

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